# PPP loan: CLEAN AIR ENGINEERING, INC.
> **$2.22M** approved 04/07/2020 · Paid in Full · Loan `7427187003`
## Borrower
- **Name:** CLEAN AIR ENGINEERING, INC.
- **Address:** 500 W Wood St, PALATINE, IL, 60067-4929
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.22M
- **Initial approval:** $2.22M
- **Forgiven:** $2.24M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.66M
- **Rent:** $333K
- **Utilities:** $222K
- **Jobs reported:** 121
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*